Southeast Asia-focused cryptocurrency exchange, Zipmex is reportedly set to restart customer withdrawals after reaching a takeover deal with a venture capital firm in January. According to someone fam...
Tag: Zipmex
Thailand SEC Reportedly Investigating Insolvent Zipmex Exchange
13 hours ago | 2 mins read Exchange News The sale of digital asset services and goods will be scrutinized by the regulator. Zipmex declared bankruptcy after repeated attempts to resolve its financial ...
Zipmex Probed By Thai SEC, Crypto Daily TV 12/1/2023
In Todays Headline TV CryptoDaily News: Judge allows Binance US bid to buy Voyager assets to advance. Bankrupt crypto lender Voyager’s proposed deal to sell some of its assets to Binance US is a...
Thai SEC to Investigate Zipmex About Violating Certain Crypto Rules (Report)
Thailand’s Securities and Exchange Commission (SEC) has reportedly launched an investigation against the distressed cryptocurrency platform Zipmex. The watchdog will inspect whether the latter breache...
Thai Regulator Queries Zipmex CEO for Alleged Ilegal Operations
Thai SEC opened a new quest into Zipmex on suspicion that it has broken the law. The regulator requested its CEO to make clarifications before next Thursday. Last year, Zipmex froze customer account a...
Thai regulators want to know more about Zipmex accounts
Thailand’s Securities and Exchange Commission is looking into Zipmex’s local branch over its earn program due to suspicions that appear to include how the business represented the interest payments it...
Crypto exchange Zipmex probed by Thai SEC amid buyout
The cryptocurrency exchange Zipmex is the focus of a new probe by the Securities and Exchange Commission (SEC) of Thailand for a breach of local rules. A Bloomberg report revealed that local authorit...
Thai SEC probes crypto exchange Zipmex ahead of its acquisition
The Thai SEC is reportedly probing whether Zipmex breached local rules. Zipmex is being acquired by V Ventures for $100 million. Crypto exchange Zipmex has become the subject of a probe by the Securit...
Thai regulator investigates crypto exchange Zipmex
The Thai SEC is reported to be probing Zipmex over alleged violations of rules. Thailand’s Securities and Exchange Commission (SEC) is reportedly investigating the crypto exchange Zipmex on the ...
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange. V Ventures, a subsidiary of...
Zipmex Sees Buyout Offer of $100M as it Secures Creditor Protection: Report
Embattled cryptocurrency exchange Zipmex is all set to be acquired by V Ventures, a subsidiary of Thoresen Thai Agencies Pcl, for $100 million. The venture capital fund is reportedly offering $30 mill...
Crypto Exchange Zipmex Secures Creditor Protection Extension as Takeover Deal Nears
Bloomberg reported today that a deal involving venture capital fund V Ventures looks set to be completed in due course. On Nov. 18, Zipmex was still in “advanced talks” in terms of a rescu...
Zipmex files to extend creditor protection amid rescue deal reports
Crypto exchange Zipmex has filed to extend its protection against creditors until next April amid a possible rescue deal. The Singapore-based exchange briefly halted withdrawals in June amid a ...
Bankrupt Crypto Exchange Zipmex ‘In Advanced Takeover Talks’ with V Ventures
Zipmex Pte, the embattled operator of the Asian cryptocurrency exchange, is in advanced talks with venture capital fund V Ventures over the sale of a majority stake in the business to a potential inve...
Troubled Crypto Exchange Zipmex on the Verge of Venture Capitalist Buyout: Report
Embattled crypto exchange platform Zipmex is reportedly on the verge of being purchased by a venture capitalist firm. According to a new report by Bloomberg, the Singapore-based digital assets exchang...
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
Thailand’s Securities and Exchange Commission, or SEC, has accused crypto exchange Zipmex and its co-founder Akalarp Yimwilai of non-compliance with local laws and referred the matter to the police. I...
Thai Regulator Files Charges Against Zipmex Executives
The Thailand offshoot of the beleaguered digital assets platform, Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC). As announ...
Thailand SEC Files Police Reports against Zipmex
Previously, Zipmex said it was in “advanced stages of negotiation” with two potential investors. The Securities and Exchange Commission (SEC) of Thailand has filed a police complaint against crypto e...
Zipmex stands in a fix as Thailand’s SEC pulls exchange in legal battle
Thailand’s Securities and Exchange Commission (SEC) filed a police complaint against cryptocurrency exchange Zipmex. The complaint was filed after the exchange failed to deliver information related to...
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal fre...
Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted
Thailand’s Securities & Exchange Commission (SEC) announced Thursday that it has tightened cryptocurrency firms’ advertising rules. In an emailed statement sent on Thursday, the SEC to...
Crypto Exchange Zipmex to Meet Thai Regulators and Potential Investors to Discuss Recovery Plan – crypto.news
Asian cryptocurrency exchange Zipmex has requested a meeting with the Securities and Exchange Commission (SEC) of Thailand, other regulators, and potential investors to present the firm’s “recovery pl...
Zipmex Seeks Meeting Thailand SEC Over Recovery Plan
14 seconds ago | 2 mins read Exchange News The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian...
Zipmex in advanced rescue talks with investment firm, billionaire’s son: Source
Zipmex is in advanced talks with Country Group Holdings (CGH), a Thailand-based investment firm, and Chalermchai Mahagitsiri, son of Thai billionaire and coffee king Prayudh Mahagitsiri, a source with...
Zipmex Meets Thai Regulators & Potential Investors Discussing Recovery Plans
Zipmex – an Asian cryptocurrency exchange froze some of its withdrawals in mid-July seeking to raise 50 Million USD to repair its balance sheet. One of the spokespeople mentioned in an interview the t...
Zipmex Meets With Thai Regulators To Discuss Restructuring Plan
Embattled crypto exchange Zipmex has requested meetings with Thai regulators to discuss a recovery plan. The meetings will be attended by Zipmex, Thailand’s Securities and Exchange Commission (SEC), a...
Zipmex Appoints Restructuring Firm Kordamentha To Work on Recovery Plan
Zipmex, a cryptocurrency exchange based in Singapore, announced on Friday that it has appointed an Australian restructuring firm, KordaMentha Pte, to assist with a recovery plan. KordaMentha will work...
Crypto Exchange Zipmex Meets Thai Regulators To Discuss Next Steps Of Recovery
Crypto exchange Zipmex has planned to meet with the Thailand Securities Exchange Commission along with other regulators to discuss the recovery plan. Zipmex had recently submitted a letter which will ...
Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’
Asian crypto exchange Zipmex has requested meetings with Thailand’s Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.” In a statement on Thursday, Zipmex ...
Zipmex Requests Meeting With Thai Regulators Ahead of Fundraise
In an attempt to stay afloat, Zipmex has asked for meetings with the Securities Exchange Commission in Thailand as well as other government agencies as it works on a recovery plan. The firm intends to...